Standalone site

Address locked, Chatswood

1 house today → about 30 homes as apartments, up to 27 storeys. About 600 m², 15 m frontage, zone MU1.

Residual land valueA$7.5m

Likely ask (1 house)A$3.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$4.5m

Claim this site

A$387 inc GST · 3 months

A claim takes this site off the market for every other member for 3 months and opens its address, lot outline, exact figures and neighbours to you.

This site is A$387 because its best option clears a 40% margin on cost at the likely ask. Other sites are A$182. One claim credit claims any site.

Option	Homes	Storeys	GFA	Realisation	Costs	Residual land value	Headroom	Profit at likely ask
Apartments, up to 27 storeys (LEP controls)Local Environmental Plan · FSR 5:1 · 90 m	30	27	3,000 m²	A$42.5m	A$21.0m	A$7.5m	A$4.5m	A$12.0m45% on cost · 27% on revenue
Cost stack Construction 3,000 m² at A$5,500/m²A$16.0m Basement parkingA$1.0m DemolitionA$45k Consultants, DA and certification (9%)A$1.6m Contributions (A$28,000 per new home)A$800k Contingency (5%)A$950k Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$3.0m instead leaves A$12.0m pre-tax on a total development cost of A$25.0m.
Shop-top housing, up to 27 storeysLow and Mid-Rise (within 400 m) · FSR 5:1 · 90 m	25	27	3,000 m²	A$40.0m	A$21.0m	A$6.0m	A$3.0m	A$9.5m36% on cost · 24% on revenue
Cost stack Construction 3,000 m² at A$5,600/m²A$17.0m Basement parkingA$900k DemolitionA$45k Consultants, DA and certification (9%)A$1.6m Contributions (A$28,000 per new home)A$700k Contingency (5%)A$950k Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$3.0m instead leaves A$9.5m pre-tax on a total development cost of A$25.0m.

Site area: About 600 m² (15 m by 40 m)
Street frontage: About 15 m (measured against the road corridor)
Zone: MU1 Mixed Use · Willoughby Local Environmental Plan 2012
LEP controls: FSR 5:1 · height 90 m · minimum lot not mapped
Nearest nominated centre: About 50 m to Chatswood station and town centre (straight line) · Within 400 m of a nominated centre
Land value: About A$2,750,000 at 1 July 2025, NSW Valuer General · from A$1,800,000 at 1 July 2021 (+55%)

2 adjoining houses share a boundary with this site. Members see them.

#4 · amalgamation 3 houses → 60 homes

Residual land valueA$15.0m

Likely askA$8.0m

HeadroomA$7.0m

1,200 m² · Apartments, up to 27 storeys · MU1 · address locked